Enjin
ENJ/USDT 4h simple analysis in 20th/JunHi, crypto traders.
ENJ is in a Strong Downtrend now.
The price continued to go down and finally, 20MA (blue) broke 60MA (green) to the lower side. Because the sequential order is 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend is a Strong Downtrend. If the price keeps under 5MA (red), this bearish trend continues.
Conversely, if the price goes up, the 1st target will be the cross-point with 5MA (red).
Because the price already broke my target: 1.15USD, I think it will continue to go down. But we should watch the next move carefully.
==TODAY’s Check Points==
- The candle goes up and breaks 5MA (red) clearly?
- The candle continues to go down and reaches 1.00USD?
==TODAY’s Target Price==
ENJ goes up:
1st target: Cross-point with 5MA
2nd target: Cross-point with 20MA and 60MA
3rd target: 1.58USD (the last highest price)
ENJ goes down:
1st target: 1.00USD (A nice round number)
2nd target: 0.735USD (the lowest price in 23rd/May)
3rd target: 0.475USD (the lowest price in 28th/Feb)
Enjoy your trading.
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#Efinity Token Sale
coinlist.co
Sale Period Begins: 24th/Jun/2021, 17:00 UTC
#Event schedule
xxx/2021: NFT.io launch (nft.io)
xxx: Efinity launch
#Latest Enjin blog/news (in 18th/Jun)
How NFTs Are Revitalizing the Creative Industry
enjin.io
Enjin Coin (ENJ) - June 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ENJUSD 1W Chart)
We need to see if we can continue the uptrend by moving above the 1.58953080 point along the uptrend line.
(1D chart)
We should see support at the 1.35937421 point and see if we can move along the uptrend line.
If it deviates from the downtrend line, I would expect it to move towards the 1.79815147-2.01754009 section and re-determination.
If it falls from the 1.35937421 point, a Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
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(ENJBTC 1W chart)
If the price is maintained above the 2766 satoshi-2943 satoshi range, it is expected to maintain an uptrend.
If it falls from the 1911 Satoshi point, it may take a long time to rise as it enters the mid- to long-term investment area.
Therefore, careful trading is required.
(1D chart)
It remains to be seen if the 3344 Satoshi-3711 Satoshi section can find support and break out of the downtrend line.
If it falls from the 3225 Satoshi point, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
ENJ/USDT BINANCEENJ/USDT BINANCE
4H hollow candlesticks.
After a very profitable year, Enjin continues a healthy steady growth after a huge correction above 80% of its value.
As those two asymmetric triangles have formed, a price breakout is about to happen as BTC will lead the market.
Multiple support & resistance levels shown as horizontal lines, except those two basic highlighted areas.
Fibonacci retracement showed already a nice entry point.
MACD shows a sideways movement.
Steady Volume.
A bar pattern repetition shows a possible scenario for the next days.
Enjin Coin Price (ENJ) = $1.41 -3.41%
0.00003666 BTC -1.44%
0.0005951 ETH -0.11%
Good Luck
CryptoHellas Team
ENJ/USDT 4h simple analysis in 15th/JunHi, crypto traders.
ENJ is in a sideways market.
The price continued to go up and already broke all MA lines to the upper side. However, it didn't break the last highest price: 1.58USD yet.
Since MA lines are very close, it's difficult to predict the next move. But if the price breaks 1.58USD, the trend will be an uptrend. Conversely, if the price breaks all MA lines to the lower side, the trend will be a downtrend again.
We can wait and see the next trading timing today.
==TODAY’s Check Points==
- The candle continues to go up and breaks 1.58USD?
- The candle goes down and reaches 1.15USD again?
==TODAY’s Target Price==
ENJ goes up:
1st target: 1.58USD (the last highest price)
2nd target: 1.75USD (the highest price in 30th/May)
3rd target: 2.06USD (the highest price in 27th/May)
ENJ goes down:
1st target: Cross-point with 80h line and 240h line
2nd target: 1.15USD (the last lowest price)
3rd target: 1.00USD (A nice round number)
Enjoy your trading.
=================================
#Efinity Token Sale
coinlist.co
Registration Opens: 2nd/Jun/2021
Registration Deadline : 18th/Jun/2021 00:00, UTC
Sale Period Begins: 24th/Jun/2021, 17:00 UTC
#Event schedule
xxx/2021: NFT.io launch (nft.io)
xxx: Efinity launch
#Latest Enjin blog/news (in 9th/Jun)
Enjin Partners with Health Hero to Launch NFT-powered Wellness Program
enjin.io
ENJ/USDT 4h simple analysis in 12th/JunHi, crypto traders.
ENJ is in a sideways market.
Once the price suddenly jumped up and broke all MA lines to the upper side. But after that, the candle changed negatively and broke all MA lines to the lower side, then reached close to my 1st target: 1.15USD.
After that, the candle went up, then already broke 20h (red) line to the upper side again, but if the candle changes negatively and breaks 20h (red) line to the lower side, the trend will be a downtrend. And this is a short entry point.
= =TODAY’s Check Points==
- The candle continues to go up and breaks 80h (blue) line to the upper side?
- The candle goes down and reaches 1.15USD again?
==TODAY’s Target Price==
ENJ goes up:
1st target: Cross-point with 80h (blue) line
2nd target: Cross-point with 240h (green) line
3rd target: 1.75USD (the last highest price)
ENJ goes down:
1st target: 1.15USD (the last lowest price)
2nd target: 1.00USD (A nice round number)
3rd target: 0.735USD (the lowest price in 23rd/May)
Enjoy your trading.
=================================
#Efinity Token Sale
coinlist.co
Registration Opens: 2nd/Jun/2021
Registration Deadline : 18th/Jun/2021 00:00, UTC
Sale Period Begins: 24th/Jun/2021, 17:00 UTC
#Event schedule
xxx/2021: NFT.io launch (nft.io)
xxx: Efinity launch
#Latest Enjin blog/news (in 9th/Jun)
Enjin Partners with Health Hero to Launch NFT-powered Wellness Program
enjin.io
ENJIN- Breakout in the makingOur updated ENJIN chart with key technical analysis points.
Price has just exploded upwards, outside the wedge, so if you get on it mind the support level and do your math right.
PS. We had been posting about ENJIN in early stages, took profits perfectly and now it's time to start monitoring it daily again.
the FXPROFESSOR
IOTX EXPECT 100% + INCREASE into MAX 2 week time frame - GOLDEN Hello trading friends,
We expect for IOTX into coming 2-week max a breakout to 100% + Target. with a price of 0,10+
IOTX THE INTERNET OF THINGS - shows A DCA WHALE TREND, where we expecting into short term a huge adding by whales, what will result into breakout. we did this same study before with more coins, and all of them did got hit the target, the spot targets.
IOTX ARE NOW BELOW 0,05 - and its only about time before it will double 100% + / this all are 100% whale data what shows a coming increase. most time we don't look at a target price of now, but the expecting ETN or DCA trend.
# also if bitcoin breakdown, there is still a huge trend possible that will allow this coin to increase since the new updates coming and whale DCA trend. but same time manage your riks always fine, and don't invest all in, as this is crypto. its 100% expecting depending on whale data and trends.
Hold a small part of IOTX can bring the most into a 100% + increase trend.
This is the first time we come with a time frame for IOTX.
IOTX needs only a small whale data trend, and it can show into 1 candle 100% increase.
Have a great time. take a look to IOTX coming time.
Follow/ like for more trends - Thank you
ENJIN looking to complete H&S form before heading to the upside?Good evening friends today we are going to look at Enjin, I have been following Enjin since it's big initial pump back in April.
We can see that Enjin is almost done forming a head and shoulder form. Head and shoulder position is usually a selling indicator, but when its done forming I assume it will hit 3+ USD afterwards.
I think it will hit below the support line to establish the forming of the Head and Shoulder before continuing towards the upside!
What do you guys think? I'm always looking for input and other opinions!
If you found the Analysis helpful please like and consider following me!
Have a great day!
ENJIN, ENJUST - ready to continue the uptrendHello all,
This is another update for the ENJUSDT pair that I'm monitoring and holding for quite some time. Both the fundamentals and the technicals are quite strong for this one and I can see it easily double in value if the strong general market uptrend in the altcoins remains.
As visible on the daily chart, we are currently at stage 4 in the pair's cycle which is a consolidation period after revisiting the demand zone. Back in February this was the $0.45 zone and the successful defend of that level resulted in a rapid growth in the price of ENJIN.
What we are seeing now in late April is a similar picture with the price of the altcoin rebounding from the $2 level and preparing for another leg up. What we need here is a stable daily close above he $2.7 level (again - similar to the $0.6 area from the previous breakout).
If we zoom in to the 4-hour chart we will notice that the ENJUSDT pair is already out of the downtrend and currently above all important EMAs, so the horizontal resistance is the only obstacle ahead.
1st target up - ATH daily close at $3.4 - 26 percent from here and breakout target from the triangle pattern.
2nd target up - above ATH value - 54 percent
3rd target up - flying target at 160% Fibonacci extension - 97 percent
Regards